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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions. -
A week after its certification was halted, the company managing the Gazprom-operated pipeline has let go its staff and says its website has been attacked.
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The paper presents the challenges faced and overcome while drilling and testing a high-pressure/high-temperature sour-gas well offshore in an environmentally sensitive environment.
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The Canadian Government has stopped funding the Trans Mountain Pipeline, whose future will depend on private investors.
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Deal between P’nyang partners and independent state a step forward for the proposed development of the P’nyang LNG project.
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Chevron adds to a growing list of big US oil and gas producers that are seeking to bring to market responsibly sourced gas.
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The US Energy Information Administration said the US, Qatar, and Russia fed well over half of Europe’s supply of LNG last year.
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The pipeline project was completed in September but whether it will flow is now as uncertain as ever as both Germany and the US seek to shut the project down.
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The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas.
